IamBhagatSingh Posted February 16, 2023 Author Report Posted February 16, 2023 2 minutes ago, csrcsr said: Yaa 650 price lo Texas rental income pedda bokka ne bro , unless house appreciation adi kuda ipatlo kastam considering the market already reached peakest, clear signs DALLAS is getting into list of overrated market 5 years kinda konna valu they got good price big house lucky correct rates ki konaru but 800etc with remote works poyi tech market is going away not sure how it is sustainable Cant agree more Quote
capitalist Posted February 16, 2023 Report Posted February 16, 2023 9 minutes ago, Sheri said: Cost of living tho polisthe ponthane ledu. Ikkada average schools ye better than best schools in other states. TOP universities lo admissions choosethe NJ representation ekkuva states chinna state ayina. Best educated work force kuda NJ lone undi. Edo NY choodataaniki vachi NJ lo desi street chosesi impression pettukunte adi avivekame. exactly bro, TX, GA, FL lo pay chesae rents pay cheyali antae aa places lone dorukutai houses. if you pay the rent adjusted to your pay difference you get a really nice place. On top it people don't realize other cities have worse neighborhoods than that of this which they even never dare to visit. Quote
capitalist Posted February 16, 2023 Report Posted February 16, 2023 11 minutes ago, IamBhagatSingh said: Idi Mari rod bhayya Yeah, I want to move to FL to escape taxes but problem enti antae there are no jobs(very very few) that pays this good expect in SFO, NYC area and Seattle. But advantages of NYC area over SFO or Seattle is job market is very diverse so market don't go down with one sector. Quote
phatposts Posted February 16, 2023 Report Posted February 16, 2023 11 hours ago, veerigadu said: I tolded this long time ago bro. Nenu Texans meedha crying ani ankuls decide chesindruuu appatloo. Kudavandiiii meee karma ani side ayipoyinaaaa. nuvvu just tolded kaadu, arichi gee petti, ruddi ruddi sampesav ankuls ni. anduke ankuls revolt ayyaru. Quote
pandu123b Posted February 16, 2023 Report Posted February 16, 2023 37 minutes ago, IamBhagatSingh said: Even if both are working and save on state tax, we need to pay more than 5k kada brother. Which is still high. mari aa 5k inko state la property tax kattali kada anna, ekka kuda 0 property tax ledu kada, minimum 1% ite untadi. Also the higer pay is high you save on income tax, so , texas is benefiting higher income california, seattle folks. people are not dumb for paying money unnecessarily if you are smart, you set your budget based on how much you save on income tax vs property tax Quote
ForEverJava Posted February 16, 2023 Report Posted February 16, 2023 13 hours ago, IamBhagatSingh said: e texas lo inthesi property tax lu etta kadutunaru ra ayya . e below home in celina ki 15k anta property tax . usually andaru inthe pay chestara leka loopholes tho pay cheyakunda escape avtara ? https://www.zillow.com/homedetails/2624-War-Admiral-St-Celina-TX-75009/249835219_zpid/ Its surprising why people pay waste money on property tax instead of buying in other states , mana desi's confidence ki joharlu bhayya . over to @veerigadu This is in mustang lakes its pid zone so extra tax vuntadi. It's probably one of premium subdivision in celina..it's eventually u get what u pay for.. Quote
capitalist Posted February 16, 2023 Report Posted February 16, 2023 2 minutes ago, pandu123b said: mari aa 5k inko state la property tax kattali kada anna, ekka kuda 0 property tax ledu kada, minimum 1% ite untadi. Also the higer pay is high you save on income tax, so , texas is benefiting higher income california, seattle folks. people are not dumb for paying money unnecessarily if you are smart, you set your budget based on how much you save on income tax vs property tax Not true, TRUMP 2017 tax bill lo SALT deductions(state and local taxes) 10K ki cap chesadu. If you pay 30k in property taxes, you can only deduct 10K from federal income. True state income lo complete ga deduct cheskovachu but it's nay day not better than having zero income tax. Example: if you are making 200K and paying 20K in property taxes, federal income is 190K and state income is approx 180K(obviously very simplified) 200K lo state tax 6% Antae 12K, if property tax is say 20k, net tax is 10.8k Total taxes paid: 10.8+20k=30.8K Ade Texas lo aytae 0+30k=30K and it will get better as your income goes up. Quote
ForEverJava Posted February 16, 2023 Report Posted February 16, 2023 10 minutes ago, pandu123b said: mari aa 5k inko state la property tax kattali kada anna, ekka kuda 0 property tax ledu kada, minimum 1% ite untadi. Also the higer pay is high you save on income tax, so , texas is benefiting higher income california, seattle folks. people are not dumb for paying money unnecessarily if you are smart, you set your budget based on how much you save on income tax vs property tax True bro 400k I comes families save atleast 20k on state tax and half of it can be spend on property tax ..anyhow it's much better to live in texas than living ca compared to quality of housing what we get here and indian food options and lifestyle and cost of living..1000s of ppl migrating from California Illionois Pennsylvania newyork Michigan Ohio Iowa Massachusetts Wisconsin Seattle every month ..calculate chesukonunda evvaru ravatledu..last few months observing ppl moving from Toronto Vancouver as well here..frustrated from cold weather 1 Quote
pandu123b Posted February 16, 2023 Report Posted February 16, 2023 6 minutes ago, capitalist said: Not true, TRUMP 2017 tax bill lo SALT deductions(state and local taxes) 10K ki cap chesadu. If you pay 30k in property taxes, you can only deduct 10K from federal income. True state income lo complete ga deduct cheskovachu but it's nay day not better than having zero income tax. Example: if you are making 200K and paying 20K in property taxes, federal income is 190K and state income is approx 180K(obviously very simplified) 200K lo state tax 6% Antae 12K, if property tax is say 20k, net tax is 10.8k Total taxes paid: 10.8+20k=30.8K Ade Texas lo aytae 0+30k=30K and it will get better as your income goes up. anna we both are saying same, just check my message clearly Quote
YeddiBK Posted February 16, 2023 Report Posted February 16, 2023 3 hours ago, capitalist said: Some parts are bad, it's because of it's industrial past esp parts of north Jersey which are in port area but rest of the state is beautiful than a state like TX, It has arguably best educated population, second to none location, best universities and Schools than any other Desi places and quality of jobs very high compared to other places because of NYC may be next SFO in tech(thanks to NYC). quality of jobs endi anna ? Quote
FrustratedVuncle Posted February 16, 2023 Report Posted February 16, 2023 1 hour ago, IamBhagatSingh said: Even if both are working and save on state tax, we need to pay more than 5k kada brother. Which is still high. State tax leduga adi property tax lo 10gestaru anthe Quote
capitalist Posted February 16, 2023 Report Posted February 16, 2023 7 minutes ago, YeddiBK said: quality of jobs endi anna ? Regular tech skill jobs anni places lo untai bro, but high skilled next thing jobs ee places lone untai antunna. Example Dallas lo jarigae work Hyd lo kuda same ye nothing different(Regular backoffice work), but there are teams and skill set that India never matches avi NYC, SFO some in Seattle and BOS lo ne untai. Quote
capitalist Posted February 16, 2023 Report Posted February 16, 2023 30 minutes ago, pandu123b said: anna we both are saying same, just check my message clearly my bad, I also want to highlight as your income goes up, NO INCOME TAX states better ani. 1 Quote
naughty15 Posted February 16, 2023 Report Posted February 16, 2023 13 hours ago, Ryzen_renoir said: Texas property used to be cheap and property tax was reasonable back then but the recent price increases have made the property taxes too high But depending on your income levels , it's not as bad as others. Low income people pay more tax in Texas If we look at this picture texas not at all bad..i don't know why people complain about TEXAS. Stop crying about texas. 1 Quote
IamBhagatSingh Posted February 17, 2023 Author Report Posted February 17, 2023 8 hours ago, pandu123b said: mari aa 5k inko state la property tax kattali kada anna, ekka kuda 0 property tax ledu kada, minimum 1% ite untadi. Also the higer pay is high you save on income tax, so , texas is benefiting higher income california, seattle folks. people are not dumb for paying money unnecessarily if you are smart, you set your budget based on how much you save on income tax vs property tax 8 hours ago, ForEverJava said: True bro 400k I comes families save atleast 20k on state tax and half of it can be spend on property tax ..anyhow it's much better to live in texas than living ca compared to quality of housing what we get here and indian food options and lifestyle and cost of living..1000s of ppl migrating from California Illionois Pennsylvania newyork Michigan Ohio Iowa Massachusetts Wisconsin Seattle every month ..calculate chesukonunda evvaru ravatledu..last few months observing ppl moving from Toronto Vancouver as well here..frustrated from cold weather 1. compared to good cities like Phoenix, Raleigh, Atlanta over the course of 30 years we end up paying extra 300k only for property taxes if we buy a home in Texas. 2. Not every family will have both husband and wife working. And no guarantee that wife will work in future. And not all families will earn 400k like you mentioned. It's beneficial for 400k earners. And by the way 400k earners won't save 20k in state taxes,it will be less than that. Around 14k only. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.